Masdar, the UAE’s clean energy leader, has collaborated with the Philippines to build 1 GW of renewable energy projects by 2030, including solar, wind, and battery energy storage systems (BESS). This effort fits with the Philippines’ Energy Transition Program, which aims to attain 35% renewable energy in power generation by 2030 and 50% by 2040.
An Implementation Agreement with the Department of Energy and a Memorandum of Understanding (MoU) with the Board of Investment were among the agreements signed at a ceremony in which UAE Minister HE Dr. Sultan Al Jaber and Philippine Energy Secretary Raphael P.M. Lotilla were present. Masdar’s CEO, Mohamed Jameel Al Ramahi, and other officials emphasised the collaboration’s importance for energy security, long-term economic growth, and environmental responsibility.
This relationship builds on the Energy Transition Cooperation agreement made in 2024 during President Ferdinand R. Marcos Jr.’s visit to the UAE, strengthening bilateral ties. It emphasises the UAE’s expertise in renewable energy and the Philippines’ commitment to incorporating clean energy into its power mix.
Masdar’s Philippines initiative establishes a regional benchmark for energy transition and sustainable development, building on the success of Indonesia’s 145MW Cirata Floating Solar Plant.